Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.061%
Price spread now: OKX against Gate+0.014%7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$503as in the Funding arb table
Net, price: spread back to 7d avg − costs−$536as in the Price arb table
costs, in and out, $10k−$5275.270% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.014%, 7d avg +0.099%
=Funding pays, the price is against you. OKX is 0.086% cheaper against Gate than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.099%). If the spread goes back, that is −$9 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.243% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FLNC_USDT | 7.3910 | 0 | get 0.0000% / 8h | 3h 52m | $297K | $263K | 20x |
| Short | OKX FLNC-USDT-SWAP | 7.3920 | 0.0021 | get 0.0021% / 8h | 3h 52m | $392K | $311K | 20x |
Gate FLNC_USDT
OKX FLNC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.37
- Price spread: +0.014% → +0.099%
- −$8.56
- Slippage, 4 orders
- −$501.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$531.17
- Costs to cover
- 5.270%
- Break-even
- 857.2 days
Slippage from Gate: live order book, 62 min ago; OKX: live order book, 63 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 62 min ago | 8.78 bp | 119.2 bp −$119 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 63 min ago | 4.73 bp | 58.9 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
FLNC on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLNCUSDT | 0.0000% | 8h | 7.3887 | −0.032% | $19K | $11K | 20x | as long as short |
| Extended FLNC-USD | 0.0000% | 1h | 7.3880 | −0.041% | $11K | $76K | 10x | as long as short |
| Binance FLNCUSDT | 0.0000% | 8h | 7.3900 | −0.014% | $1.8M | $4.7M | 20x | as long as short |
| Bybit FLNCUSDT | 0.0000% | 8h | 7.4000 | +0.122% | $449K | $192K | 25x | as long as short |
| Gate FLNC_USDTlong | 0.0000% | 8h | 7.3910 | long leg | $297K | $263K | 20x | |
| Bitget FLNCUSDT | 0.0000% | 8h | 7.3920 | +0.014% | $242K | $341K | 20x | as long as short |
| GRVT FLNC_USDT_Perp | 0.0000% | 8h | 7.3861 | −0.066% | $23K | $130K | 10x | as long as short |
| SunX FLNC-USDT | 0.0000% | 8h | 7.3900 | −0.014% | $2K | $1.2M | 10x | as long as short |
| HTX FLNC-USDT | 0.0000% | 8h | 7.4100 | +0.257% | $47K | $7K | 10x | as long as short |
| OKX FLNC-USDT-SWAPshort | +0.0021% | 8h | 7.3920 | +0.014% | $392K | $311K | 20x |
Aster FLNCUSDT
Extended FLNC-USD
Binance FLNCUSDT
Bybit FLNCUSDT
Bitget FLNCUSDT
GRVT FLNC_USDT_Perp
SunX FLNC-USDT
HTX FLNC-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FLNCUSDTM | +0.0100% | 8h | 7.3900 | −0.014% | $105K | $224K | 20x | as long as short |
KuCoin FLNCUSDTM